Candidates should be within the Northeast (CT, MA, NY, VT, NH, ME, PA, MD)
Duties of this position include, but are not limited to, the following:
Position purposeDirect the financial operations of assigned area, delivering strategic and tactical support to key stakeholders, including but not limited to, physician's compensation, accounting, and financial planning and analysis. Act as trusted advisor to physician and operations partners. Perform financial results review, approval, analysis, and reporting. Support the acquisition and integration of new practices.
Responsibilities/Duties/Functions/Tasks:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Budget & Forecast: Create annual budget and ongoing forecasts to support operational planning and decision making for assigned area. Work with key stakeholders to determine budget and forecast assumptions. Identify risks and opportunities key to achieving targets, providing recommendations to counter measure identified risks.
- Operational Efficiency: Identify and track performance towards key performance metrics. Monitor and communicate practice and physician productivity. Track and communicate progress towards cost efficiency targets. Effectively communicate and collaborate with key stakeholders to support the realization of opportunities.
- Financial Compliance: Monitor compliance with regulatory requirements, financial policies, and internal controls.
- Financial Reporting & Analysis: Prepare and present meaningful and actionable financial and operational reports, analysis, and commentary relevant for each key audience's understanding of performance, including physicians and senior management. Perform ad hoc modeling of financial impact of operational decisions as needed. Lead detailed forecast and actual results analysis to anticipate short and long-term business trends and provide recommendations to improve performance.
- Financial Results Review: Partner with accounting team for month, quarter, and year-end close review to drive process improvement and ensure results are accurately stated. Drive process enhancements to improve reporting and variance analysis. Perform general ledger and data validation to ensure data accuracy and completeness for proper financial reporting. Perform monthly variance analysis in collaboration with FP&A and Accounting.
- Management & Supervision: Select, train, and performance manage support staff to ensure the successful delivery of financial operations functions.
- Financial Operations: Review and approve invoices and other payables to ensure compliance with budget and proper general ledger classification. Provide ongoing review of employee roster and ensure proper designation of personnel expenses. Perform review and analysis for contract service arrangements (hospital call, contract physician services, shared services agreements, etc.) Implement and monitor controls to ensure business activities meet targeted performance goals.
- Relationship Manager: Serve as point person for physician and operations partners within assigned territory for finance, accounting, physician compensation, MSO and related inquiries and issues. Maintain service centric culture. Develop and foster relationship as trusted advisor with key stakeholders.
- M&A/ Integrations: Support M&A analysis and assumptions for potential acquisitions within assigned territory. Manage and serve as point person for integration of finance and accounting activities for new practices. Perform income repair analysis and monitor ongoing performance versus expectations.
- Other: Travel as needed. Manage special projects. Other duties as assigned.
EDUCATION: Bachelors in Finance, Business, Accounting, or related field required.
EXPERIENCE: - Two to five (2-5) years' experience in a healthcare-related industry.
- Five to ten (5-10) years' experience in a Finance or Accounting role.
- Experience with physicians services consulting in a multi-location physician's practice is preferred.
Performance Requirements:- Excellent communication skills to distill information into a digestible presentation for senior management with recommended corrective actions.
- Demonstrated ability to build strong cross-functional relationship throughout the organization to achieve common goals.
- Comfortable managing multiple projects with tight or overlapping deadlines.
- Able to motivate others and hold them accountable by monitoring progress/results and giving effective feedback in a timely manner.
- Excellent presentation, interpersonal, and communication skills, and the ability to effectively interface and build relationships with various departments and management levels and stakeholders
- Process orientation with the ability to put plans into action
- Excellent problem-solving and analytical skills
- Collaborative style with the ability to communicate clearly and precisely on technical and operational issues, both verbally and in writing
- Ability to effectively elicit/provide information to and from appropriate individuals (including, but not limited to, supervisors, co-workers, physicians, and staff) via strong communication skills
- Solid understanding of finance and accounting
- Strong Microsoft Office Suite proficiency, including an intermediate knowledge of Excel and ability to create Powerpoint presentations
- Ability to effectively prioritize and handle multiple tasks
- Ability to maintain the highest level of confidentiality
- Ability to work with a high degree of autonomy as well as part of team
Equipment Operated: Standard office equipment including computers, fax machines, copiers, printers, telephones, etc.
Work Environment: Work requires hand dexterity for office machine operation, stooping and bending to files and supplies, mobility to complete errands, or sitting for extended periods of time. Occasionally lifting files or paper weighing up to 20 pounds. Occasionally work environment may be very stressful.
Mental/Physical Requirements: Normal office environment. May view computer screens for long periods of time. Occasional evening or weekend work.
Please Note: All job offers are contingent on the successful completion of pre-employment criminal history check.
NOTE: ALL APPLICATIONS MUST BE COMPLETED IN FULL FOR CONSIDERATION.
No phone calls or agencies, please.
